Sia Coinshttp://www.siacoins.biz
Your decentralized cloud backendSun, 21 Jan 2018 14:33:32 +0000en-UShourly1https://wordpress.org/?v=4.9.4http://www.siacoins.biz/wp-content/uploads/2018/01/xWPF_AWk_400x400-150x150.jpgSia Coinshttp://www.siacoins.biz
3232Siacoin Wallet and How to transfer your Siacoins to Wallethttp://www.siacoins.biz/siacoin-wallet/
http://www.siacoins.biz/siacoin-wallet/#respondWed, 17 Jan 2018 11:38:25 +0000http://www.siacoins.biz/?p=150At present, Sia only supports desktop wallets on Linux, Mac, and Windows platforms. Download the most recent Sia wallet here. Run the wallet and wait for synchronization with the blockchain. (This can take several hours.) Once you install your wallet. Follow the following steps to get Siacoins in your wallet Download the latest version of the Siacoin wallet. Here is the […]

Run the wallet and wait for synchronization with the blockchain. (This can take several hours.)

Once you install your wallet. Follow the following steps to get Siacoins in your wallet

Download the latest version of the Siacoin wallet. Here is the link. This app is just not a wallet but you can do a bunch of other stuff but for this article, we will just focus on the wallet functionality.

Extract the wallet file and then run the Siacoin UI and let it synchronize. You would need to click SiaUI.exe file. (Sometimes This can take several hours.)

Go to the wallet tab on your Siacoin App and click there.

Create a new wallet and unlock it using the seed key displayed. (Unlocking can take several minutes.)

Please copy the seed and password. You would need password and seed.

Secure the key to a safe place and confirm it.

Click the Receive Siacoin button and send the Siacoin you purchased from the exchange to this address.

]]>http://www.siacoins.biz/siacoin-price-usd/feed/1How to Mine Sia Coin (Siacoin Mining)http://www.siacoins.biz/siacoin-mining/
http://www.siacoins.biz/siacoin-mining/#respondTue, 16 Jan 2018 18:36:41 +0000http://www.siacoins.biz/?p=60The Sia Network aims to create a decentralized storage network by using the idle storage space of people from around the world, uniting them into a worldwide market for data storage. Sia leverages blockchain technology as a transaction layer for its network, allowing hosting to be purchased and sold in a secure and trustless way. […]

]]>The Sia Network aims to create a decentralized storage network by using the idle storage space of people from around the world, uniting them into a worldwide market for data storage.

Sia leverages blockchain technology as a transaction layer for its network, allowing hosting to be purchased and sold in a secure and trustless way. Cryptographically secure smart contracts ensure the encryption and transfer of data, leaving no room for a third party to interfere in any way.

Sia uses a cryptocurrency called the Siacoin (SC). The initial block reward was 300,000 siacoins. Each block reward after that is one siacoin smaller than the previous block reward (299,999, then 299,998, and so on). When the block reward reaches 30,000 (at block 270,000), all following blocks will give a 30,000 siacoin reward for eternity. The block time is 10 minutes.

Today, we are going to show you how you can be a part of this decentralized cloud storage network through mining. The coins mined can then be used to purchase storage space in the network or be sold for other coins or fiat. In this guide, we are going to use a Nvidia graphic card and the ccminer software. Let’s get to it.

Part 1: Install a Siacoin miner

There are a few different Siacoin miners to choose from, but they all offer similar features and performance. This guide uses the ccminer because it is compatible with Nvidia cards but if you want, check out other mining optionshere.

Step 1: Click here to go to github page about CCminer 8.00 from KlausT witch had added Siacoin (Note that other forks of CCMiner, such as tpruvot’s, may not be compatible). Once in the page, choose your OS from the list (in our case, we have a Windows 10 Home 64-bit).

Step 2: When the download is complete, unzip it to a new folder, we create a folder called “siacoin miner”

Step 3: Leave the folder for now and choose a pool, as you can see in siawiki (or here), there is 2 official pools available, we are going to use Siamining.com, so choose yours.

Step 4: You will need to create a batch file, so first open Notepad, (we are going to write the connection to the pool, there are different commands for each miners, you can of course configure intensity and other parameters and can also add a worker name to help you keep track of your miners) copy the command below and past in your Notepad:

if you are from Asia/Pacific trade the “us-east.siamining.com“ for “asia.siamining.com”;

if you are from Europe trade the “us-east.siamining.com“ for “eu.siamining.com”;

if you are from US West trade the “us-east.siamining.com“ for “us-west.siamining.com”;

if you are from US East leave “us-east.siamining.com“;

Now, change ”YourSiacoinAddress” with your Siacoin address.

(In order to mine, you’ll need a Siacoin wallet to store the coins you earn. The fastest way to create a Siacoin wallet is to use Bittrex, a cryptocurrency exchange. Bittrex provides a web wallet, so you can create an account and generate a Siacoin wallet instantly)

Change “YourWorkerName” to the name you want to give to your worker.

(leave the dot between your address and your worker name)

Now is time to save that text file as a batch file, so click on “file” tab and choose “save as”, then choose the folder you created, for us is “siacoin miner”, named as “Start.bat” (“.bat” is the diminutive of batch file) and press “save” button

Part 2: You’re ready to start mining!

That’s it, Once you’ve started mining you can see your progress visiting your pool website, as we choose SiaMining.com, we open the link and past our Siacoin address into the “address field” and press “go”, as you see in the image below:

You will see all the statistics.

Now, you are able to mine SiaCoin! For more info, please visit the Sia website: https://sia.tech/

]]>http://www.siacoins.biz/siacoin-mining/feed/0Current Marketcap and Supply of Siacoinhttp://www.siacoins.biz/marketcap-and-supply-of-siacoin/
http://www.siacoins.biz/marketcap-and-supply-of-siacoin/#respondTue, 16 Jan 2018 17:38:00 +0000http://www.siacoins.biz/?p=56Supply of Siacoins The supply mechanism of Sia is somewhat unique. There will be an infinite number of Siacoins. To start with, developers mined the first 100 blocks. The reward for the first block was 300,000 Siacoins. After the first block, the Siacoin reward will exponentially decrease by one unit for subsequent blocks. It means that the: 1stblock had […]

The supply mechanism of Sia is somewhat unique. There will be an infinite number of Siacoins. To start with, developers mined the first 100 blocks. The reward for the first block was 300,000 Siacoins. After the first block, the Siacoin reward will exponentially decrease by one unit for subsequent blocks.

It means that the:

1stblock had 300,00 Siacoins.

2ndblock had 299,999 Siacoins.

3rdblock had 299,998 Siacoins.

4thblock had 299,997 Siacoins.

… and so on… until the block rewards are reduced to 30,000 Siacoins.

After that, for every block mined, 30,000 Siacoins will enter the system.

At present, there are 31.3 billion Siacoins available.

Marketcap of Siacoins

According to CoinMarketCap, Siacoin (SC) has a per unit price of $0.041583 with a current market cap of $1,305,539,667 ($1.3 billion) on a 24-hour volume of $131,627,000USD with an available supply of 31,396,146,174 SC (31.3 billion) .

]]>http://www.siacoins.biz/marketcap-and-supply-of-siacoin/feed/0Where to Buy Siacoin?http://www.siacoins.biz/siacoin-exchange/
http://www.siacoins.biz/siacoin-exchange/#respondTue, 16 Jan 2018 15:38:55 +0000http://www.siacoins.biz/?p=21There are several major siacoin exchange you can buy Siacoin. #1 Bittrex Based and fully regulated in the USA, Bittrex is the go-to spot for traders who demand lightning fast trade execution, stable wallets, and industry-best security practices. #2Shapeshift ShapeShift is probably the fastest way to exchange cryptocurrencies and blockchain assets there is. Using this […]

#1 Bittrex

Based and fully regulated in the USA, Bittrex is the go-to spot for traders who demand lightning fast trade execution, stable wallets, and industry-best security practices.

#2Shapeshift

ShapeShift is probably the fastest way to exchange cryptocurrencies and blockchain assets there is. Using this service, users can exchange cryptocurrencies in a matter of seconds. ShapeShift greatly reduces the risk of stolen funds and it increases privacy because it requires no account or personal data to use.

#3 Poloniex

Poloniex is a US-based cryptocurrency exchange offering maximum security and advanced trading features. Start trading in minutes. All it takes is a few simple steps.

#4 Bitsquare

Bitsquare.io has an open source peer to peer system that allows anyone to sell Bitcoin in exchange for international currency (FIAT) like US Dollars, Euros or Yen, and alternative cryptocurrencies. Bitsquare proudly announced its Beta release on the 27th of April 2016.

#5 Yunbi

YUNBI is a future-oriented exchange for blockchain assets. Founded in Beijing, 2013, and built with the code released by Peatio Open Source Project, YUNBI adheres to the principles of integrity, transparency and being open-sourced, offering customers a safe and easy trading platform.

Note: It is fairly easy to buy Siacoin on Bittrex, Shapeshift, Poloniex, Bitsquare, and Yunbi. Simply follow their instructions for setting up an account and depositing funds. As these cryptocurrency exchanges offer a different environment for acquiring Siacoin in that you must buy it by fulfilling other traders’ sell orders. This means that prices may vary, sometimes widely.